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Side-by-side financial comparison of Fat Brands, Inc (FAT) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $140.0M, roughly 1.4× Fat Brands, Inc). ROGERS CORP runs the higher net margin — 2.2% vs -41.6%, a 43.8% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% vs -2.3%). ROGERS CORP produced more free cash flow last quarter ($1.1M vs $-16.9M). Over the past eight quarters, ROGERS CORP's revenue compounded faster (-3.3% CAGR vs -6.1%).
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
FAT vs ROG — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $140.0M | $200.5M |
| Net Profit | $-58.2M | $4.5M |
| Gross Margin | — | 32.2% |
| Operating Margin | -12.4% | — |
| Net Margin | -41.6% | 2.2% |
| Revenue YoY | -2.3% | 5.2% |
| Net Profit YoY | -30.1% | 421.4% |
| EPS (diluted) | $-3.39 | $0.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $200.5M | ||
| Q4 25 | — | $201.5M | ||
| Q3 25 | $140.0M | $216.0M | ||
| Q2 25 | $146.8M | $202.8M | ||
| Q1 25 | $142.0M | $190.5M | ||
| Q4 24 | $145.3M | $192.2M | ||
| Q3 24 | $143.4M | $210.3M | ||
| Q2 24 | $152.0M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | — | $4.6M | ||
| Q3 25 | $-58.2M | $8.6M | ||
| Q2 25 | $-54.2M | $-73.6M | ||
| Q1 25 | $-46.0M | $-1.4M | ||
| Q4 24 | $-67.4M | $-500.0K | ||
| Q3 24 | $-44.8M | $10.7M | ||
| Q2 24 | $-39.4M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | — | 31.5% | ||
| Q3 25 | — | 33.5% | ||
| Q2 25 | — | 31.6% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 32.1% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.5% | ||
| Q3 25 | -12.4% | 7.3% | ||
| Q2 25 | -10.6% | -33.3% | ||
| Q1 25 | -6.0% | -0.2% | ||
| Q4 24 | -27.1% | -6.6% | ||
| Q3 24 | -6.2% | 6.9% | ||
| Q2 24 | -1.8% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | -41.6% | 4.0% | ||
| Q2 25 | -36.9% | -36.3% | ||
| Q1 25 | -32.4% | -0.7% | ||
| Q4 24 | -46.4% | -0.3% | ||
| Q3 24 | -31.2% | 5.1% | ||
| Q2 24 | -25.9% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | — | $0.20 | ||
| Q3 25 | $-3.39 | $0.48 | ||
| Q2 25 | $-3.17 | $-4.00 | ||
| Q1 25 | $-2.73 | $-0.08 | ||
| Q4 24 | $-4.06 | $-0.04 | ||
| Q3 24 | $-2.74 | $0.58 | ||
| Q2 24 | $-2.43 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $195.8M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $-585.8M | $1.2B |
| Total Assets | $1.2B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | — | $197.0M | ||
| Q3 25 | — | $167.8M | ||
| Q2 25 | — | $157.2M | ||
| Q1 25 | — | $175.6M | ||
| Q4 24 | — | $159.8M | ||
| Q3 24 | — | $146.4M | ||
| Q2 24 | — | $119.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $-585.8M | $1.2B | ||
| Q2 25 | $-536.5M | $1.2B | ||
| Q1 25 | $-493.9M | $1.3B | ||
| Q4 24 | $-455.7M | $1.3B | ||
| Q3 24 | $-386.1M | $1.3B | ||
| Q2 24 | $-338.6M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.4B | $1.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.5M | $5.8M |
| Free Cash FlowOCF − Capex | $-16.9M | $1.1M |
| FCF MarginFCF / Revenue | -12.1% | 0.5% |
| Capex IntensityCapex / Revenue | 1.7% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $-75.0M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | — | $46.9M | ||
| Q3 25 | $-14.5M | $28.9M | ||
| Q2 25 | $-26.9M | $13.7M | ||
| Q1 25 | $-13.2M | $11.7M | ||
| Q4 24 | $-10.4M | $33.7M | ||
| Q3 24 | $-3.2M | $42.4M | ||
| Q2 24 | $-14.2M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | — | $42.2M | ||
| Q3 25 | $-16.9M | $21.2M | ||
| Q2 25 | $-29.3M | $5.6M | ||
| Q1 25 | $-17.8M | $2.1M | ||
| Q4 24 | $-11.0M | $18.3M | ||
| Q3 24 | $-11.1M | $25.2M | ||
| Q2 24 | $-24.4M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | — | 20.9% | ||
| Q3 25 | -12.1% | 9.8% | ||
| Q2 25 | -20.0% | 2.8% | ||
| Q1 25 | -12.5% | 1.1% | ||
| Q4 24 | -7.6% | 9.5% | ||
| Q3 24 | -7.7% | 12.0% | ||
| Q2 24 | -16.1% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | 1.7% | 3.6% | ||
| Q2 25 | 1.6% | 4.0% | ||
| Q1 25 | 3.2% | 5.0% | ||
| Q4 24 | 0.4% | 8.0% | ||
| Q3 24 | 5.5% | 8.2% | ||
| Q2 24 | 6.7% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | — | 10.20× | ||
| Q3 25 | — | 3.36× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.96× | ||
| Q2 24 | — | 2.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
ROG
Segment breakdown not available.
